From November 2015 to February 2016, China officially launched the long-expected military overhaul to move the PLA away from its Soviet-style command structures towards an American-style joint operation command of the army, navy, air force, etc.
The internationalization of the RMB requires a moderate international monetary environment as well as China’s policy effort. A monetary policy coordination could tone down monetary policies and exchange rate swings and would bring about a less volatile and more even international monetary environment.
China’s claims, policies and actions in the South China Sea have been severely criticized by other claimants as well as external maritime powers. The protagonists are stepping up their public relations campaigns to bolster their positions. Much of the rhetoric fits the allegory of the pot(s) calling the kettle black as China’s major critics have undertaken similar actions.
Misconceptions of China’s New Normal politics has led to suspicion and distrust from the West. Furthermore, such misperceptions and misconceptions have started to affect these countries’ policies towards China.